UnitedHealth Group Sees Significant Institutional Buying Spree
Annex Advisory Services LLC significantly increased its stake in UnitedHealth Group Incorporated by 159.6% during the second quarter, as reported in the company's most recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 68,577 shares of UNH stock after purchasing an additional 42,157 shares.
The total value of Annex Advisory Services LLC's holdings in UnitedHealth Group was approximately $28.5 million as of its most recent SEC filing. This is not the only instance of a significant increase in stake; Brighton Jones LLC and Revolve Wealth Partners LLC also increased their positions by 176.2% and 137.1%, respectively, during the fourth quarter.
In addition to these developments, UnitedHealth Group's CEO, Patrick Hugh Conway, sold 500 shares of the company's stock on August 5th at an average price of $410 per share. The sale resulted in a total transaction value of $205,000 and reduced Conway's ownership stake by 2.94%.